Wheel Pros Gets OK For $1.4B Equity-Swap Ch. 11 Plan

By Rick Archer · October 15, 2024, 1:38 PM EDT

A Delaware bankruptcy judge on Tuesday approved automotive wheel company Wheel Pros LLC's prepackaged Chapter 11 plan to swap $1.4 billion in senior secured debt for controlling equity in the company....

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Case Information

Case Title

Wheel Pros, LLC

Case Number

1:24-bk-11939

Court

Delaware

Nature of Suit

Date Filed

September 08, 2024